C4 Therapeutics, Inc.·4

Apr 3, 10:45 AM ET

Anderson Kenneth Carl 4

4 · C4 Therapeutics, Inc. · Filed Apr 3, 2026

Research Summary

AI-generated summary of this filing

Updated

C4 Therapeutics (CCCC) Director Kenneth C. Anderson Receives Award

What Happened

  • Kenneth C. Anderson, a non-employee director of C4 Therapeutics (ticker CCCC), was issued 4,259 shares as an award/acquisition on April 1, 2026. The filing lists a per-share value of $2.70 based on the April 1, 2026 closing price, for a total reported value of $11,499.
  • This was an issuance under the company’s Non-Employee Director Compensation Policy; the reporting person elected to receive shares in lieu of cash compensation (routine director compensation rather than an open-market purchase).

Key Details

  • Transaction date and price: April 1, 2026; 4,259 shares at $2.70 per share (total $11,499). Price based on closing market price (footnote).
  • Shares owned after transaction: Not specified in the excerpt of the filing provided.
  • Notable footnotes: F1 — shares issued under the director compensation policy elected in lieu of cash; F2 — price based on closing market price; F3–F7 — several blocks of shares are held in various Kenneth and Cynthia Anderson trusts, and the reporting person disclaims beneficial ownership of those trust-held shares except to the extent of any pecuniary interest.
  • Filing timeliness: Form filed April 3, 2026 for an April 1 transaction; this appears to be within the standard two-business-day Form 4 reporting window.

Context

  • Awards to non-employee directors are typically routine compensation; receiving shares in lieu of cash is a standard alternative payout method and should be viewed as compensation rather than a direct buying signal.

Insider Transaction Report

Form 4
Period: 2026-04-01
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-04-01$2.70/sh+4,259$11,49968,230 total
Holdings
  • Common Stock

    [F3]
    (indirect: By Trust)
    129,877
  • Common Stock

    [F4]
    (indirect: By Trust)
    74,581
  • Common Stock

    [F5]
    (indirect: By Trust)
    74,581
  • Common Stock

    [F6]
    (indirect: By Trust)
    3,623
  • Common Stock

    [F7]
    (indirect: By Trust)
    3,623
Footnotes (7)
  • [F1]These shares were issued in accordance with the Issuer's Non-Employee Director Compensation Policy, pursuant to which the Reporting Person elected to receive shares of the Issuer's common stock in lieu of cash compensation for services as a non-employee director of the Issuer.
  • [F2]The price reported in Column 4 is based upon the closing market price of the Issuer's common stock on April 1, 2026.
  • [F3]Shares held by the Kenneth C. Anderson 2021 Irrevocable Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
  • [F4]Shares held by the Kenneth C. Anderson 2015 Irrevocable Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
  • [F5]Shares held by the Cynthia E. Anderson 2015 Irrevocable Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
  • [F6]Shares held by the Kenneth C. Anderson Revocable Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
  • [F7]Shares held by the Cynthia E. Anderson Revocable Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Signature
/s/ Shagha Russell, Attorney-in-Fact|2026-04-03

Documents

1 file
  • 4
    wk-form4_1775227552.xmlPrimary

    FORM 4